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Freedom recieves first Pink member

Freedom Finance has received its first mortgage case from a Pink Home Loans member.

Peter Tait from Cameron-Hemley, based in Bournemouth, submitted the first acceptable case and received £250 gift vouchers, which were presented by Pink Home Loans&#39 business development manager for the South West, Andy Keen.

Tait says: “The Freedom Finance deal was very attractive, not only because of the very competitive rate but also because of the way Freedom Finance uses an affordability calculation to determine a sensible borrowing limit.”

Keen adds: “Freedom Finance uses individual underwriting to assess each case on its merits and by looking at affordability rather traditional income multiples, the lender allows clients to borrow more realistic amounts.”

The Freedom Finance range of products was launched exclusively through Pink Home Loans at the beginning of May and was developed to address restrictive lending criteria, such as limited income multiples, credit score based underwriting, higher lending charges on prime products and inadequate loan to values.


Monty Burn is just chucking mud and hoping it sticks

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Mortgage Choice reveals rugby top winner

Mortgage Choice has revealed that the lucky winner of its competition for a signed Irish national rugby team shirt was Ray McHugh of Robert Sterling. The firm invited visitors to its stand at the Manchester Expo to drop a business card into a bucket for a chance to win the shirt, signed by the triple […]

INV market grows despite bad press

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Tenants get chance to buy

All Types of Mortgages is to launch a &#39rent to purchase&#39 product, designed to help tenants make their first property purchase, through soon-to-be-launched division, The Branded Lender. The R2P product is designed specifically for those in rented accommodation who, on paper, do not have sufficient income to match most lenders&#39 mortgage criteria to purchase their […]


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